Category:L1=L2
Leg 1 = Leg 2. In general, when a trend is strong, like during a strong breakout, traders expect that after a pullback, the trend will try to resume. And their first goal is to look for a second leg up that is about as big as the first leg. Very often a Leg 1 = Leg 2 Measured Move takes the form of a Spike and Channel trend.
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